NOT LISTED FOR SALE
24 Beds
-- Bath
1,625 Sq Ft
1963 Built

Sale Details

Date Sold: February 12, 2015

Last sale price $375,000 $231 Per Sq Ft

59 Days on Market

Highlights

  • Community Playground
  • Central Air
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of February 2015

Previous buyer couldn't obtain financing!! Great investment opportunity on this 16-unit apartment complex plus laundry room and potential vending income. Great fix and flip or long term hold potential. City of Phoenix allows up to 27 units on the property. Must have appointment to see. Please Do Not disturb tenants.

Last Agent to Sell the Property

Lucky Espiritu

DeLex Realty License #SA641737000 Listed on: 12/02/2014

DeLex Realty

Last Buyer's Agent

Leonardo Sanchez

Realty of America LLC License #BR547766000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,693

Year Built

  • Built in 1963

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 30 Open Parking Spaces
  • 30 Parking Spaces
  • Assigned Parking

Lot Details

  • Additional Parcels

Schools

  • Sunnyslope Elementary School
  • Glendale High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 6
  • Assessor Parcel Number 158-21-066

Community Details

Overview

  • 2 Buildings
  • 16 Units
  • Building Dimensions are 200 x 200
  • Idle Easy Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $19,120
  • Gross Income $73,160
  • Net Operating Income $51,957

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,693

Year Built

Built in 1963

Listing Details

  • Cross Street: 19th AVE and Dunlap AVE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Year Built: 1963
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Subdivision Name: Idle Easy
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 30.0
  • Total Parking Spaces: 30.0
  • General Property Description:Uncvrd Parking Spcs: 30.0
  • General Property Description:Total Parking Spcs: 30.0
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Play Area, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Trash Expense: 2508.0
  • Annual Water Sewer Expense: 7068.0

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Glendale High School

Lot Info

  • Lot Size: 200 x 200
  • Additional Parcels: Yes
  • Parcel #: 158-21-066

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 16
  • Electric Expense: 1977.0
  • Annual Gross Income: 73159.5
  • Insurance Expense: 2700.0
  • Maintenance Expense: 1174.0
  • Property Net Operating Income: 51957.0
  • Annual Operating Expense: 19119.88
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3692.88
  • Tax Book Number: 158.00
  • Tax Lot: 6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2015
Sold by
Bought by

Purchase Details

Listed on
Dec 2, 2014
Closed on
Feb 12, 2015
Sold by
Bought by
Seller's Agent
Lucky Espiritu
DeLex Realty
Buyer's Agent
Leonardo Sanchez
Realty of America LLC
List Price
$399,999
Sold Price
$375,000
Premium/Discount to List
-$24,999
-6.25%

Purchase Details

Closed on
Nov 19, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
0.041%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
0.0494%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,500
Interest Rate
0.0629%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
0.0556%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 20, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$417,225 American Title Svc Agency Ll
$375,000 Pioneer Title Agency Inc
$320,000 Pioneer Title Agency Inc
$295,000 Chicago Title
$66,000 Chicago Title
$300,000 Servicelink
-- None Available
$800,000 Tsa Title Agency
-- Tsa Title Agency
$870,000 Dhi Title
-- Fidelity National Title
$190,000 Security Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $320,000
Previous Owner $97,500
Previous Owner $580,500
Previous Owner $560,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/12/2015 02/12/15 Sold $375,000 -6.2% $231 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $399,999 -- $246 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,034 $47,487
2024 $5,702 $45,226
2023 $5,702 $131,320 $14,590 $116,730
2022 $5,516 $98,910 $10,990 $87,920
2021 $5,587 $76,650 $8,510 $68,140
2020 $5,448 $59,340 $6,590 $52,750
2019 $5,348 $55,240 $6,130 $49,110
2018 $5,208 $46,230 $5,130 $41,100
2017 $4,129 $37,130 $4,120 $33,010
2016 $4,054 $38,050 $4,220 $33,830
2015 $3,754 $29,590 $3,280 $26,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5206089

Arizona Regional Multiple Listing Service (ARMLS)
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